Major European indices ended the session with mixed results. Italy’s FTSE MIB led the way, rising 1.09%, supported by strength in auto and banking stocks. Reports suggesting auto tariffs may be less severe than expected helped lift sentiment, with notable gains from Stellantis (+4.0%) and Iveco (+2.3%). Banks also performed strongly, including UniCredit (+1.3%), Intesa Sanpaolo (+1.4%), Mediobanca (+3.6%), Monte dei Paschi (+2.7%), and Banca Generali (+2.2%).

Elsewhere:

  • German DAX: +0.80%

  • UK FTSE 100: +0.55%

  • France’s CAC 40: -0.24%

  • Spain’s Ibex 35: -0.66%

As European traders wrap up for the day, U.S. markets are modestly higher. The Dow Jones leads with a 0.5% gain, while the S&P 500 is up 0.14% and the Nasdaq is slightly firmer by 0.06%.

U.S. Treasury yields are moving lower across the curve:

  • 2-year: 3.666% (-1.9 bps)

  • 5-year: 3.783% (-3.1 bps)

  • 10-year: 4.181% (-3.5 bps)

  • 30-year: 4.661% (-3.1 bps)

Commodities and crypto:

  • Crude oil: $60.86, down $1.19 (-1.92%)

  • Gold: $3,307, down $36.70 (-1.10%)

  • Bitcoin: $94,937, down $100

Source: Forex Live